WHAT IS INDIAN FINANCIAL SYSTEM CODE ?
IFSC stands for Indian Financial System Code. It is an 11 character alphanumeric code used to identify each branch of every bank in India. You can easily indentify a bank and its branch from the given IFSC code. This code is specified on the cheque book and required to transfer money through NEFT or RTGS. To get the IFSC code of any bank, you must have the following information.
Important of IFSC :-
For Any Fund Transfer NEFT/IMPS/RTGS you have to IFSC code , without it you can't initiate a transaction.
For Example :-
If my Bank Branch is YES BANK , Rajouri Garden then my IFSC will be YESB0000635 , ( YESB - Bank Name + 0635 - Branch Sol id )
IFSC stands for Indian Financial System Code. It is an 11 character alphanumeric code used to identify each branch of every bank in India. You can easily indentify a bank and its branch from the given IFSC code. This code is specified on the cheque book and required to transfer money through NEFT or RTGS. To get the IFSC code of any bank, you must have the following information.
- Bank's name
- State's name where the bank is located
- District's name
- Branch's name or address
Important of IFSC :-
For Any Fund Transfer NEFT/IMPS/RTGS you have to IFSC code , without it you can't initiate a transaction.
For Example :-
If my Bank Branch is YES BANK , Rajouri Garden then my IFSC will be YESB0000635 , ( YESB - Bank Name + 0635 - Branch Sol id )
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